Good for a 28.1% year-on-year increase
Bringing the year-to-date tally to 60,404 units for 2023
The Philippine automotive industry exhibited significant growth in 2022, with 352,596 units sold which is good for a 31.3% year-on-year increase. This year, the landscape appears to be the same so far.Back in January, the Chamber of
That’s good for a 19.5% increase compared with May 2021’s figures
The local automotive industry has bounced back in terms of sales at least last month. According to the latest data from the Chamber of Automotive Manufacturers of the Philippines (CAMPI), a total of 26,370 units were sold in May 2022, up
The CAMPI-TMA report tallies 24,304 vehicles sold in February
It appears the Philippine automotive industry is starting to bounce back after a difficult start to the year in January. According to the latest report by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA), a
Toyota and Mitsubishi remain the top-selling brands in our market
The Philippine automotive industry took a huge hit in 2020 due to the COVID-19 pandemic. From 457,110 vehicles sold in 2019, the total dropped to a dismal 244,274 the following year.Now that 2021 has concluded, though, we have
At this rate, the industry is set to surpass last year’s total vehicle sales
At the end of Q3, the numbers indicated that there was a chance that total vehicle sales this year would surpass that of last year. Now, it appears that's really about to be the case.According to the latest joint report
At this rate, the industry could surpass last year’s total sales
After reflecting significant growth halfway through the year, the Philippine automotive industry continued its recovery in the third quarter of 2021.According to data from the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Association of Vehicle Importers and Distributors (
The association just recorded a 19% month-on-month dip
It seems the local automotive industry took a significant hit last month. According to the Association of Vehicle Importers and Distributors (AVID), sales in August dipped further by 19% after seeing a 2% decline in July.There were only 3,919 units
But the target growth for 2021 is still achievable
We went into August knowing that the reimposition of enhanced community quarantine (ECQ) could rapidly undo all the small, sometimes faltering steps we've taken toward recovery. Well, now we know how much the lockdown has curtailed the local automotive industry's
Compared with the same period last year
If you purchased a Mazda crossover sometime from January to June this year, you're in good company: Mazda Philippines has reported that its crossover lineup accounted for 60% of its total sales in the first half of 2021, helping drive a
A slight setback in the industry’s recovery
July sales numbers from the Association of Vehicle Importers and Distributors (AVID) are in, and while the report shows a slight decline for both year-on-year and month-on-month performance, total sales so far in 2021 are a big improvement
As COVID-19 cases surge, carmakers have to weather a dip in sales
A mix of good and not-so-good news from the Chamber of Automotive Manufacturers of the Philippines (CAMPI) this month: While the carmakers' group and the Truck Manufacturers Association (TMA) registered a 4.7% sales increase in July 2021 compared with
There were a total of 22,062 vehicles sold last month
The local automotive industry saw a significant dip in sales back in April due to the reintroduction of more stringent quarantine restrictions. Fortunately, as these lockdowns started easing up in May, the industry was able to bounce back a bit.According to
But at the same time, sales last month reflect a 13,315% year-on-year increase
Things may have been a bit rough for several businesses throughout the past month or so with the implementation of higher levels of community quarantine across the country, and it appears the Philippine automotive industry continues its recovery.According to the numbers
On a year-on-year basis
Local car manufacturers continue to struggle to move units under the new normal, but cumulative sales over the first quarter of 2021 have managed to surpass numbers from the same period the year prior.According to the latest Chamber of Automotive Manufacturers
by Drei Laurel
A total of 20,702 vehicles were sold
The local automotive industry is still trying to get back on its feet this year. Unfortunately, after seeing some slight improvements in February, the industry has now posted significantly lower sales figures for March.According to data from the Chamber of Automotive
But the effects of DTI’s safeguard measures are yet to be seen
The local auto industry's recovery from the COVID-19 pandemic will be anything but easy. So far, however, the numbers indicate that this bounce-back year is off to a promising start.Chamber of Automotive Manufacturers of the Philippines (CAMPI) data
by Drei Laurel
CAMPI remains “cautiously optimistic” moving forward
The local automotive industry ended 2020 strong, posting a 19.1% month-on-month growth in sales back to close out December. However, it's a bit of a mixed bag to kick off 2021.The Chamber of Automotive Manufacturers of the
See how the world of motoring has fared in the first few days of 2021
The local auto industry’s recovery continues
By the end of the third quarter of 2020, data showed that the local automotive industry was already seeing some improvements in terms of sales. Now, a month into the last quarter of the year, it seems that the industry's recovery
Year-to-date sales is 173,035 units as of October 2020
